Meta is cutting back on employees due to automation technology

Meta is cutting back on employees due to automation technology

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Key Takeaways

  • Meta eliminated an unspecified number of roles within its risk organization on Thursday.
  • Michel Protti, Meta’s Chief Compliance and Privacy Officer of Product, explained that routine processes can now be handled by technology, reducing the need for some roles.
  • Earlier this week, Meta also laid off 600 employees from Superintelligence Labs, its AI division.

Meta active 75,945 employees from June. Now the tech giant is trimming its ranks as improvements in technology are putting some workers out of work.

According to one Business insider In the report published Thursday, Meta informed risk division employees that it was eliminating roles due to advances in the company’s internal automation and compliance technologies.

Michel ProttiMeta’s Chief Compliance and Privacy Officer of Product, broke the news, writing in an internal memo viewed by BI that Meta has moved from manual reviews to automated processes. Now technology can automatically handle many routine, risk-related decisions.

“By moving from custom, manual reviews to a more consistent and automated process, we have been able to deliver more accurate and reliable compliance results for Meta,” Protti wrote in the memo.

Related: Meta hires entry-level employees – and most salaries start above $200,000

Standardizing processes means technology can now handle many day-to-day risk decisions, freeing up human teams to focus on “complex” and “high impact” tasks, Protti explains.

“As a result, in some areas we no longer need as many positions as we used to,” Protti wrote, without sharing how many positions would be eliminated.

This restructuring impacts teams under the Product Risk Program Manager, Shared Services, and Global Security & Privacy (GSP) groups.

Related: Meta uses your AI chatbot conversations for the advertising algorithm on Facebook and Instagram

Meta spokesperson Thomas Richards confirmed the cuts, telling BI that the changes are part of Meta’s broader efforts to “reflect the maturity of our program and innovate faster while maintaining high compliance standards.”

Meta CEO Mark Zuckerberg. Photographer: David Paul Morris/Bloomberg via Getty Images

Earlier this week also Meta 600 employees laid off from the Superintelligence Labs division, the AI ​​department, as part of a separate streamlining effort led by chief AI officer Alexandr Wang. In an internal memo Wang, viewed by BI, wrote that the cuts would help the company make decisions faster and that affected employees in North America had been notified as of Wednesday.

“By reducing the size of our team, it will take fewer conversations to make a decision, and each person will have more capacity and greater reach and impact,” Wang wrote. “It is never an easy decision to say goodbye to colleagues. These are talented people who have worked incredibly hard and contributed to our AI effort.”

Related: Meta Adds AI to Facebook Dating to Help ‘Anyone Tired of Swiping’ Find a Better Match

Meta launched its Superintelligence Labs in June to work on “personal superintelligence,” or AI systems personalized for individuals that go beyond human capabilities. The team consists of new employees from Anthropic, OpenAI, Apple and other companies.

After the cuts, Meta’s Superintelligence Labs team has approximately 3,000 employees per year. CNBC.

Meta last cut 3,600 underperforming employees, or 5% of its workforce, in February. The company is the sixth most valuable in the world, with a market capitalization of $1.848 trillion at the time of writing.

Related: Mark Zuckerberg does a better job than his rivals at explaining AI – and it’s helping Meta outperform Alphabet, Amazon and Microsoft

Key Takeaways

  • Meta eliminated an unspecified number of roles within its risk organization on Thursday.
  • Michel Protti, Meta’s Chief Compliance and Privacy Officer of Product, explained that routine processes can now be handled by technology, reducing the need for some roles.
  • Earlier this week, Meta also laid off 600 employees from Superintelligence Labs, its AI division.

Meta active 75,945 employees from June. Now the tech giant is trimming its ranks as improvements in technology are putting some workers out of work.

According to one Business insider In the report published Thursday, Meta informed risk division employees that it was eliminating roles due to advances in the company’s internal automation and compliance technologies.

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